# Big four euro economies: inflation mixed in October

> Germany's inflation eased to 2.8% in October, while France rose to 3.4%, Italy to 5.4% and Spain held at 4.9%. Each is a national figure, not the euro area total.

- Canonical URL: https://forextradingcommunity.com/news/big-four-euro-economies-inflation-mixed-october-2026/
- Type: Data
- Published: 2026-11-03
- Updated: 2026-11-03
- Publisher: Forex Trading Community (https://forextradingcommunity.com), FTC Editorial Team
- Currencies: EUR

The four largest euro-area economies published their October 2026 consumer price estimates on 30 October, and the readings diverged. Germany's consumer prices rose 2.8% year on year, down from 3.3%. France's rose 3.4%, up from 3.1%. Italy's rose 5.4% on the national index, up from 4.2%. Spain's rose 4.9% on its flash estimate.

- **Germany** (Destatis, provisional): 2.8% in October, 3.3% in September
- **France** (INSEE, provisional): 3.4% in October, 3.1% in September
- **Italy** (Istat, NIC, preliminary): 5.4% in October, 4.2% in September
- **Spain** (INE, flash): 4.9% in October

These are national figures. The euro area flash estimate, which weights all member states, is due on 4 November and has its own [preview](/news/euro-area-flash-hicp-october-2026-preview/). For how inflation reaches the euro, see [how inflation moves currencies](/news/how-inflation-moves-currencies/).

## Sources

- [Destatis: Inflation rate of +2.8% expected in October 2026](https://www.destatis.de/EN/Press/2026/10/PE26_382_611.html)
- [INSEE: provisional consumer price index, October 2026](https://www.insee.fr/en/statistiques/9107975)
- [Istat: Consumer prices, preliminary estimate, October 2026](https://www.istat.it/en/?p=139582)
- [INE: Flash estimate of the Consumer Price Index, October 2026](https://www.ine.es/dyngs/Prensa/en/adIPC1026.htm)

## Common questions

### Did inflation rise or fall in the big four euro economies in October 2026?

It fell in Germany, to 2.8%, and rose in France to 3.4%, Italy to 5.4% and Spain held at 4.9%, according to each national statistics office.

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